This is probably just a final burst of panic buying. Look at the volume. It's really low. Price going up on low volume isn't confidence boosting. Bears, I know it's been a long few months, but we're finally getting close to the end.

This is probably just a final burst of panic buying. Look at the volume. It's really low. Price going up on low volume isn't confidence boosting. Bears, I know it's been a long few months, but we're finally getting close to the end.

No, this is the stage being prepared for the coming week. The rising price is exactly what Bitcoin needs right now, as all those people waiting in agony when their fiat hits the market are now primed to buy bitcoins immediately. From my own experience, I believe we have about nine hours until the first fresh fiat will hit the floor, so I wouldn't be surprised if we hit $200 within twelve hours.

This is probably just a final burst of panic buying. Look at the volume. It's really low. Price going up on low volume isn't confidence boosting. Bears, I know it's been a long few months, but we're finally getting close to the end.

Unless I'm reading bitcoincharts wrong the volume is around 4 Million USD today. That's not what I would call low volume.

No, this is the stage being prepared for the coming week. The rising price is exactly what Bitcoin needs right now, as all those people waiting in agony when their fiat hits the market are now primed to buy bitcoins immediately. From my own experience, I believe we have about nine hours until the first fresh fiat will hit the floor, so I wouldn't be surprised if we hit $200 within twelve hours.

There is 11 mega USD on bids, so if someone really wanted to buy NOW, he can, immediately.

This is probably just a final burst of panic buying. Look at the volume. It's really low. Price going up on low volume isn't confidence boosting. Bears, I know it's been a long few months, but we're finally getting close to the end.

Keep it up, proundhon! Your prediction has been so fcuking damn accurate, as long as we interpret it in the opposite way.